socialmedian: Social Network Meetup Gets New Funding From USV

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Social Network Meetup Gets New Funding From USV

Source: paidContent.org

Jul 23, 2008

Summary

Meetup, one of the original social network/event organizing sites, has received new funding from Union Square Ventures. No other details were released, but USV's Fred Wilson write about it on his blog: "Meetup is a perfect investment for our firm because it's a company we know well and a service we use all the time. We have been wanting to invest in Meetup for years but we never could find the right entry point that worked for us and the company and its founders."

Meetup, founded in 2002 by Scott Heiferman, grew steadily during the last presidential elections, and has since become on the major grassgroup groups and event organizing sites.